#oil prices
articles
Fed Dissent and Middle East Escalation Spark Global Market Sell-Off
The Federal Reserve's divided vote and US military strikes against Iran sent shockwaves through financial markets, drivi...
Saudi Arabia Rallies Nations for Red Sea Naval Coalition as Houthi Blockade Threatens Global Oil Flows
Riyadh is in talks with dozens of countries to secure vital shipping lanes after Houthi attacks escalated the Iran proxy...
Gold Futures Dip on Oil-Driven Rate Fears, Rebound After Fed Holds
COMEX gold edged lower before reversing after-hours as the Federal Reserve held rates and the market parsed hawkish oil-...
Drone Hits US-Owned Tanker at Egypt Port as Iran Fires on Jordan Bases, Brent Surges Above $90
A drone struck a US-owned gas storage tanker at Egypt’s Damietta port as Iran attacked US bases in Jordan and declared a...
Dow Sinks 1,153 Points as Oil Surge and AI Rout Batter Markets
The Dow plunged over 1,150 points Wednesday as a renewed oil spike from Iran fighting and a deepening AI stock sell-off ...
Dow Plunges 1,100 Points as Bond Yields Surge and Oil Spikes Amid Inflation Fears
US stocks fell sharply after the Fed held rates steady despite three dissenters, while a jump in oil prices above $90 an...
Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation
The US Federal Reserve kept its benchmark rate at 3.5-3.75% for the fifth time this year, but three policymakers pushed ...
Gold Slips on Oil and Rate Fears, Then Reverses After Hawkish Fed Hold
COMEX gold futures dipped in regular trading as Middle East tensions boosted oil and yields, but rebounded after the Fed...
Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers
The Federal Reserve held its key rate at 3.50–3.75% amid a 3-9 split vote and a new hawkish chair warning of zero tolera...
BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists
The Bank of Canada’s July policy meeting minutes reveal officials are uncertain about growth sustainability, while warni...
Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook
The Federal Reserve is expected to keep rates steady but signal a September hike as geopolitical tensions and elevated o...
US Intercepts Iranian Missiles, Strikes Militias with Saudi Arabia Amid Escalating Strait of Hormuz Conflict
US military says all missiles aimed at American forces downed; warns of further action if attacks on troops or Saudi ene...
Crude Jumps 4% on Hormuz Clash; Tech Rout Deepens as AI Doubts Mount
Oil prices surged more than 4% after Iran halted tankers in the Strait of Hormuz and US-Saudi strikes hit Iraq. Asian te...
Chile’s Central Bank Holds Rate at 4.5% as Middle East Tensions Cloud Outlook
The Banco Central de Chile left its benchmark rate unchanged at 4.5%, citing renewed oil price shocks from the US-Iran c...
OPEC+ Considers Pausing Production Increases from October as Focus Shifts to 2027 Quotas
OPEC+ may freeze output after September’s planned increase, pausing for three months to allow negotiations on 2027 quota...
Nasdaq 100 Correction Deepens as AI-Chip Gloom Spreads, Dow Rises on Earnings, Oil Slips
The tech-heavy Nasdaq 100 fell 0.98%, capping a five-day slide that pushed the index into a 10% correction from record h...
Trump Signals 'Good' Iran Talks But Warns of Attack on Nuclear Site; Oil Slides
Trump described delicate diplomacy but threatened to demolish Iran's underground 'Pickaxe' facility if no deal is reache...
Trump Threatens Strike on Iran's Mountain Nuclear Facility If Deal Not Reached
President Trump warned the US will destroy Iran's underground Pikaks nuclear site unless a diplomatic deal is struck, ci...
Despite Ceasefire, US Strikes Iran's Minelayers and Missile Sites in Hormuz
The attacks, labeled self-defense, come as nuclear deal negotiators try to finalize a 60-day truce. The Strait of Hormuz...
Dow Gains 262 Points as Oil Tumbles; Chip Weakness Keeps Nasdaq in Red
Wall Street ended mixed Monday as easing US-Iran tensions sent oil prices plunging, lifting blue chips but weighing on e...
Nikkei Rebounds as Oil Slump Boosts Cyclicals; AI Stocks Struggle
Tokyo's Nikkei rose 0.5% on Monday, buoyed by a drop in crude prices after the U.S. paused strikes on Iran, while AI and...
Macquarie Sees Oil Surplus by Year-End as US Election Pressures Trump Toward Iran Deal
Macquarie forecasts a return to oversupply with a 2 million bpd surplus in Q4, doubling in early 2027, driven by midterm...
European Stocks Gain as US-Iran De-escalation Sends Oil Tumbling; Travel Shares Surge
Easing geopolitical tensions and a 6% crude slide buoyed risk appetite, lifting travel and leisure stocks while tech ear...
Soybean Futures Plunge as Geopolitical Risk Fades and Shipping Confidence Returns
Soybean prices dropped 3.4% on the CBOT as a pause in U.S.-Iran fighting removed oil risk premium, while improved shippi...
Prague Stocks Rally as US-Iran Pause Sends Oil Lower, CSG and Komerční Banka Lead Gains
The PX index rose 1.2% on Monday as a halt in US-Iran strikes eased oil prices. CSG shares surged nearly 6%, while Komer...
Brokerages See July Fed Rate Hike as a Real Possibility as Oil Spike Tests Inflation Fight
Oil at $100 and Middle East tensions put the Federal Reserve’s credibility on the line this week, with brokerages warnin...
Global Stocks Rally as Oil Tumbles on US-Iran Truce, Tech Earnings Loom
Equities and bonds surge after oil drops 6% on halt in Middle East strikes, shifting focus to megacap tech results and F...
Indian Markets Rebound Sharply as Sensex Soars 776 Points, Nifty Approaches 24,000
Indian equities snapped a five-day losing streak on Monday, driven by easing geopolitical tensions and softer crude oil ...
Ifo Business Climate Rises for Third Month but Oil Uncertainty Clouds German Outlook
Germany's Ifo business climate index climbed to 86.6 in July, its third monthly gain, as industry demand improved. But p...
Global Stocks Rally as Oil Plunge Eases Yields, Hits Energy Shares
U.S. futures and European equities climbed on Monday as a 5% drop in crude oil prices eased inflation concerns, pushed b...